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Tong Ge 6.6BTC Strategy
$BTC Rebound to around 612-617 to enter the position, stop above 625, first target 590, second target 580.
Last night broke below 60, today climbed back up, don’t rush to call a bottom. This is not a reversal, it’s a pullback confirmation after a break. The main force’s common tactic is to break through key levels, then pull back a little, making you think it’s a false break, and when you rush in, they hit again.
The trend structure is very honest: high points are moving down, low points are moving down, and it can’t even organize a decent rebound. In this kind of market, every effort by the bulls feels like struggling in quicksand — the harder they try, the faster they sink.